Who Needs to Save for Retirement?
All of us! Even before the financial challenges brought on by COVID-19, retirement saving for workers in the US was insufficient—and in fact, worsening. For example, data from 2014-2017 shows that only 40% of employers…
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The Benefits of the Partnership Account for Pension Professionals
If you are a pension professional, you understand how taxing it can be overseeing employee benefit plans. As retirement benefits and plans transform over time, fiduciary duties remain obscure and ever-changing. This process can be…
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Why Do I Need a Service Provider Bond?
A service provider is a business, organization, or individual who delivers legal, consulting, storage, communication, processing, or other types of services to customers. Service providers are habitually outsourced or third party suppliers like telecommunication service…
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The Pension Professional Dashboard by Colonial Surety
Did you know that there is a way for a third party administrator to manage all of their clients’ ERISA fidelity bonding needs, view renewal history, limit adjustments and much more? And that it is…
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The Bond Compliance Program for Pension Professionals
Keeping track of every plan sponsor’s ERISA fidelity bonding status can be tough. No matter how many plans you are in charge of, it is difficult to remember what is what with information the spread…
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